Greek crisis: 'We rely on imports. Soon even the most basic goods won't be available’

"The Greek economy is not production based, it's highly reliant on imports of goods and raw materials," he told The Telegraph. "In other countries where capital controls of this sort of have been put in place, businesses are usually exempted, but not this time. If we can't make electronic remittances, then soon even the most basic goods will not be available."

***

"No economy functions without banks," said Kyriakos Mitsotakis, a senior MP in New Democracy, a centre-right opposition party. "Some people in Syriza think that shutting them down for week is just a minor hiccup, which isn't surprising as many Syriza people have never worked in the private sector. But it's not a hiccup, it's a huge shock."